We might just have experienced the start of Bullrun

[Doan9269]

Announce it to others that Bitcoin Halving is near and that Bullrun might just have Begun.

source link


Its something worth to write about as bitcoin have recently marked close the it last all time high whereby we experienced the market at $68,686.80 which is just a few points to get to the bitcoin market price of $69,000 which was it all time high, for some of us who had invested earlier before these, we could realized the massive rise in the market price of recent and this alone is what we can as well termed as the introduction the the bullrun since it all happened within a close space of time and yet the major one have not yet started until we are either more closer to halving, during or after halving we may begin to see more new all time highs.

Then why the need to announce to the world that Bullrun has probably Begin.

1. We are moving fast ahead and more closer to bitcoin halving in April.
2. There's a lot that has come with bitcoin market improvement since the approval of bitcoin spot ETFs.
3. More people are investing on bitcoin and its becoming more dominant than before as recognized and legal digital currency.
4. Investing now and waiting till after the halving could as well as being more profitable for any late investor because we aren't into the new all time high bullrun yet.
5. The little surge on bitcoin market has driven some other cryptocurrencies to also rise while we are yet to experience the halving, this shows that much more to be expected with bitcoin during and after the 2024 halving.

[1714729680]

1714729680

[1714729680]

1714729680

[1714729680]

1714729680

[Ruttoshi]

Are you just waking up from your slumber? C'mon mate, the bull run have started since the beginning of this year, or some will say that it started at the last quarter of last year. We have being seeing the price of bitcoin pumping high and when there is a correction it just only take few days.

The approval of bitcoin ETF made the price to skyrocket to this price from 42k-68k, which is the highest price that we have seen in this circle. I believe that from now till next week bitcoin price will break the previous ATH. So this is the best time for people who do not have any bitcoin or little amount of bitcoin to take advantage of the market to buy and stash up till when bitcoin price will reach 100k.

[Wapfika]

We just recently hit the previous ATH and will probably break it in coming days or weeks right after a minor bump on this resistance. Your thread is few months late since the price is already pumping hard after the approval of ETF or even before the approval.

Probably you are not watching the Bitcoin price lately or you’re too busy on something but if this is not bull run, I don’t know you are really expecting on a real bull run? Although there’s really mega bull run might be coming so I think you should be clear on what kind of bull run you are describing on your post.

[Moreno233]

I have seen many posts similar to this and it makes me wonder if people really understand what bull market is or not. If at this point we still see posts with caption "starting bullrun" then it is obvious that there is something missing in the understanding of many people. Bullrun started last year and many short term holders have already sold some of their assets. We do not know if we have reached the peak of the bullrun yet as there are still chances of further rise in price. Those still waiting for the bullrun will likely miss it. Smart investors have already gotten in since and are in good profits now.

[ImThour]

Oh see who is the source? A YouTuber who promotes every shitcoin he see going 20% up on the daily time frame. My bull run started in December 2022 when I bought Bitcoin at the price I wanted to. I am in a bull run and I do not need any confirmation from any random guy on Internet about that. And Bitcoin Halving is part of the 4 year cycle, which I am the big believer of. Nothing is going out of the plan, if you know the plan.

[Doan9269]

The approval of bitcoin ETF made the price to skyrocket to this price from 42k-68k, which is the highest price that we have seen in this circle. I believe that from now till next week bitcoin price will break the previous ATH. So this is the best time for people who do not have any bitcoin or little amount of bitcoin to take advantage of the market to buy and stash up till when bitcoin price will reach 100k.

The intention was to encourage those yet to invest in taking advantage now, considering the recent performance, am not saying that am unaware of how the market has been since the beginning if the year, i also understand your points from here, we are expecting more anytime hence as the market continue to surge for new all time high.

[Agbe]

We have have been in the BullRun for a quite some time now. And I was typing I got the notification that bitcoin hit $68,000 just now and that means it is just a digit nto hit the last time ATH. The price of bitcoin is taking us in surprised and the way I am looking at it before this week will end, bitcoin price will hit ATH. And from the subsequent weeks, we will see the new ATH till the halving and to the end of the ATH then the new beginning of the bearish will take over again. So nobody should panic to sell off their coins yet. The market in this time will favour many people in the world. Specifically El Salvador will make their profits to the maximum way.

[Cookdata]

If you look at the Bitcoin market and the price, a lot of manipulation is going, no hate I like the pump but I just want people should be careful with the way institutional investors are playing everyone right now because this bullrun is control by their elite.

Normally, before the bitcoin halving bitcoin do have one of the greatest recovery of price after it might have dump in the past and this recovery is the only way ur send message everywhere that Bitcoin halving is coming but never have I seen the price move so quickly to all time high. It's after the halving that Bitcoin does break the previous all time but because the price is high, they want to quickly break this as soon as possible and if that happen, you know what will happen next! That's going to be a lot of fomo because there is not resistance ahead.

I'm enjoying the profit I'm seeing in my wallet but for the sake of people that always fomo and over excited about this, be mindful of market manipulation, if you didn't get in early and you had some profits try and take some and please don't borrow funds to trade.

Be safe everyone.

[Doan9269]

If you look at the Bitcoin market and the price, a lot of manipulation is going, no hate I like the pump but I just want people should be careful with the way institutional investors are playing everyone right now because this bullrun is control by their elite.

You're right, we keep on hearing various news concerning the current market situation, some believed that not only the institutional holders alone are the ones manipulating the market, the US government is also taking advantage in acquiring as many as possible to hold bitcoin, we don't know how true all these could be, but all we know is that the market will always remain a decentralized network, even these institutional investors we are seeing do loose sometimes in a big way such that it favour someone like me and you that we earn as a result, while they are loosing because they mostly go into trades often.

[Plaguedeath]

If you look at the Bitcoin market and the price, a lot of manipulation is going, no hate I like the pump but I just want people should be careful with the way institutional investors are playing everyone right now because this bullrun is control by their elite.

What manipulation? they didn't even have 10% of Bitcoin.

If you think institutions are manipulating the price, what about centralized exchanges? the recent of big centralized fell was FTX, there are a lot people becomes a victim due to storing their coins to FTX.

But, it's just a short decline and Bitcoin is back like normal.

[electronicash]

If you look at the Bitcoin market and the price, a lot of manipulation is going, no hate I like the pump but I just want people should be careful with the way institutional investors are playing everyone right now because this bullrun is control by their elite.

You're right, we keep on hearing various news concerning the current market situation, some believed that not only the institutional holders alone are the ones manipulating the market, the US government is also taking advantage in acquiring as many as possible to hold bitcoin, we don't know how true all these could be, but all we know is that the market will always remain a decentralized network, even these institutional investors we are seeing do loose sometimes in a big way such that it favour someone like me and you that we earn as a result, while they are loosing because they mostly go into trades often.

this is why countries/government should have their own mining farms to be able to mine the transactions in their own country otherwise some miners will just censor other transactions, especially the ones they suspect are from criminal wallets.

but where you have been all this time, the bull run i think started months ago. it just took pauses but its been going up for the most part. there were just so many things that are happening around the world the BTC was ignored. but now its almost every news.

[Faisal2202]

4. Investing now and waiting till after the halving could as well as being more profitable for any late investor because we aren't into the new all time high bullrun yet.

Well said, but it will be hard for many investors to digest this statement because they will think there money will be used as liquidity for an exit of old investors, but that's not fully true, if one wants to hold their money for longer period of time, and don't want to make profit in a short time, then they should not care about this ATH, as this is not it, new ATH will be seen after the halving. I saw a huge selling pressure when BTC made a new ATH, and this must have been produced by those newbie investors who were only after money and had small visions. But those who sold, some of them were smart, because they were planning to invest the profits again when the price came down. And now I think is the best time to take some entries again. But it's not financial advice so DYOR.

5. The little surge on bitcoin market has driven some other cryptocurrencies to also rise while we are yet to experience the halving, this shows that much more to be expected with bitcoin during and after the 2024 halving.

Not all cryptocurrencies have risen, as of now, many are bleeding, and that's because when the dominance of BTC increases other tokens (ALTS) starts to bleed. But not all alts starts to bleed only few don't instead they start to oppose other alts behaviours and starts to raise there value along with BTC.

[livingfree]

We're on the bull run, for Bitcoin not entirely for the crypto market. I saw that meme coins have also increased yesterday and that's making everybody that we're on the bull run.

We see a crash that just happened this day and another normal day on this highly volatile market. I've been telling my friends that they should buy before the halving or even after that as long as it's not yet skyrocketing.

But it seems that Bitcoin breaking its former ATH would have discouraged them. It's just them and not me, I'm waiting for some more. 

[Assface16678]

We're on the bull run, for Bitcoin not entirely for the crypto market. I saw that meme coins have also increased yesterday and that's making everybody that we're on the bull run.

We see a crash that just happened this day and another normal day on this highly volatile market. I've been telling my friends that they should buy before the halving or even after that as long as it's not yet skyrocketing.

But it seems that Bitcoin breaking its former ATH would have discouraged them. It's just them and not me, I'm waiting for some more. 

But based on the bitcoin halving countdown there's still almost 40+ days before the actual bitcoin bull run, so we are not sure of which is to believe but imagine this bitcoin pump is not because of bull run, maybe caused by bitcoins ETF approval and people halving too much bitcoins for the preparation of bitcoin bull run, imagine the price will bitcoin reach if the actual bull run comes, that's why I believe that bitcoin will not only surpass its previous ATH but it will set another record breaking price in the market that will open the door of bitcoin becoming the most powerful currency in the market including fiat currencies, can't wait for the bull run, no matter what I will not sell my holding until the bull run comes, I don't have much of holdings but I want to see it through until the end, goodluck for the other holders like me we may be blessed.

[wallet4bitcoin]

While we focus on discussing the bullrun and the halving that precedes it, we have seen an ATH today in the case of BTC and then a sharp decline that has triggered liquidation worth over 1 billion dollars.


I am not interested in the bullrun anymore but the sharp crash of Bitcoin from 69k to about 59k+ in the space of 2-3 hours.

I think manipulators are here, lets not even give it to halving but ourselves.

[goldkingcoiner]

If you look at the Bitcoin market and the price, a lot of manipulation is going, no hate I like the pump but I just want people should be careful with the way institutional investors are playing everyone right now because this bullrun is control by their elite.

What manipulation? they didn't even have 10% of Bitcoin.

If you think institutions are manipulating the price, what about centralized exchanges? the recent of big centralized fell was FTX, there are a lot people becomes a victim due to storing their coins to FTX.

But, it's just a short decline and Bitcoin is back like normal.

Of course they manipulated the price and sent everyone into panics before. Whether by accident due to a huge scam or straight up malicious market manipulation, they have enough Bitcoin to create short term crashes that spook people into selling their Bitcoin.

And who is at the other end, buying those Bitcoin? That's right. The same institutions.

Do not trust anything except this: Bitcoin cannot be manipulated, in the long term.

[Darker45]

There are those who have declared that Bitcoin has already broken its ATH. I don't think it has already. I don't know which particular exchange where Bitcoin hit $69,000. It seems there's none.

Anyway, I think this isn't the start of the bull run. This is in the middle of the bull run already. We can't deny that the price has already been very bullish for the past months. This is it.

But the halving is not yet priced in. The effects of the reduction of the reward can't happen before it is even implemented. It will be felt only several months after it is implemented.

I'm seeing an easy $100,000 within the year or early next year.

[OcTradism]

Then why the need to announce to the world that Bullrun has probably Begin.

We don't need to announce it because the social media will naturally make more articles, posts, tweets about Bitcoin new all time high, Bitcoin bull run, cryptocurrency bull market. They will do it for us and we don't need to make any announcement on the market bull run.

In bull market, most of things go up in a bull run but there are still winners and losers. It is not correct to assume that everyone join in the bull market will get profit. So announcement is not necessary helpful for people who make bad decisions and are losers in a bull market.

[GreatArkansas]

Then why the need to announce to the world that Bullrun has probably Begin.

We don't need to announce it because the social media will naturally make more articles, posts, tweets about Bitcoin new all time high, Bitcoin bull run, cryptocurrency bull market. They will do it for us and we don't need to make any announcement on the market bull run.

In bull market, most of things go up in a bull run but there are still winners and losers. It is not correct to assume that everyone join in the bull market will get profit. So announcement is not necessary helpful for people who make bad decisions and are losers in a bull market.

Another reason is there's no official basis for a bull run, where there's no valid qualification that we can say we are already in the bull run or bear market.
But Bitcoin created a new all-time high, and maybe that is also another identifier or basis that we can say we are already in a bull run.

[MarjorieZimmermanGinger]

1. We are moving fast ahead and more closer to bitcoin halving in April.

This week we saw two quite significant price increases and I think this has not yet reached the peak of the full price increase for ATH because it is likely that we will see the price increase much further from now.

3. More people are investing on bitcoin and its becoming more dominant than before as recognized and legal digital currency.

This will be a little confusing because bitcoin is not considered legal by some countries, but bitcoin's journey has not stopped for that reason. Bitcoin adoption continues to grow and it is not only marked by the current price increase and bitcoin dominance has been around for a long time because people have learned some quite fundamental things about bitcoin.

4. Investing now and waiting till after the halving could as well as being more profitable for any late investor because we aren't into the new all time high bullrun yet.

That means we realize that buying bitcoin can be done at any price because we consciously know that the cycle will play a role in increasing the price above the purchase even though it is slightly higher when accumulating purchases.

5. The little surge on bitcoin market has driven some other cryptocurrencies to also rise while we are yet to experience the halving, this shows that much more to be expected with bitcoin during and after the 2024 halving.

Bitcoin can always have a small or large impact on other coins, but on the other hand, it is not certain that other coins can do that. That's why people see bitcoin as the king of Cryptocurrencies and the halving is only halfway through and has not yet completely closed the highest price for the four-year period.